Ventas (NYSE:VTR) has climbed 1.79% in the past week and advanced 6.92% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.01% and the outperformance has advanced to 5.95% for the last 4 weeks period.
Ventas (NYSE:VTR): The stock opened at $69.73 on Friday but the bulls could not build on the opening and the stock topped out at $69.83 for the day. The stock traded down to $69.18 during the day, due to lack of any buying support eventually closed down at $69.81 with a loss of -0.10% for the day. The stock had closed at $69.88 on the previous day. The total traded volume was 2,240,588 shares.
The company shares have rallied 8.74% from its 1 Year high price. On Jun 16, 2016, the shares registered one year high at $69.90 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $66.56 and the 200 Day Moving Average price is recorded at $59.52.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Crocker Douglas Ii, director of Ventas Inc, had unloaded 5,940 shares at an average price of $62.91 in a transaction dated on March 30, 2016. The total value of the transaction was worth $373,685.
Many analysts have stated their opinion on the company shares. Major Brokerage house, UBS maintains its ratings on Ventas (NYSE:VTR). In the latest research report, UBS raises the target price from $51 per share to $53 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on May 20, 2016. Currently the company Insiders own 1.1% of Ventas shares according to the proxy statements. Institutional Investors own 94.38% of Ventas shares.
Ventas, Inc. is a real estate investment trust (REIT). The Company has a portfolio of seniors housing and healthcare properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and MOB operations. The triple-net leased properties segment invests in seniors housing and healthcare properties throughout the United States and the United Kingdom and lease those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses. The senior living operations segment invests in seniors housing communities throughout the United States and Canada and engages independent operators, such as Atria and Sunrise, to manage those communities. The MOB operations segment, acquires, owns, develops, leases, and manages MOBs throughout the United States. It invests in seniors housing and healthcare properties.